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LCCI

LCCI demands improvements in capital city's traffic system
Pakistan

LCCI demands improvements in capital city's traffic system

  • Tahir Manzoor Chaudhry suggested that traffic mess and jams on various intra-city roads and commercial areas of the capital city could be overcome through deployment of additional traffic wardens, while traffic could also be diverted to the alternative routes. He said that Electronic Traffic Violation system was a good development.
Published 05 Feb, 2021 11:43pm
FBR clarifies on treatment of closing stock
Business & Finance

FBR clarifies on treatment of closing stock

  • LCCI stated that in the case of importers, tax collected at the import stage during TY-19 had become final tax at the time of collection, therefore the income from the disposal of such closing stock shouldn't be included in taxable income for the TY-20 as it would result in double taxation.
Published 23 Dec, 2020 12:01pm